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gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we have in the economy right now is businesses aren't inch investigating, they are not expand -lg your operations. can you think of a worst time to raise the tax rate on investment when investment went negative in the last quarter? if businesses are not investing they can't hire more workers and i agree with doug it could cause a ou double-dip recession. gregg: if you force higher income americans to pay more in taxes not through increasing their tax rates but rather closing the loopholes, deductions, credits and so on and so forth, that is still a net increase on that important sector. so how is th
gregg: so, steve is john boehner right or crystal right. >> john boehner gets an a in economics. he's precisely right. a large percentage of the income that barack obama wants to tax at the higher rate is small business income. the other part of it that the speaker didn't mention is the other big component of that income is investment income the money that the people put into the small businesses to create them in the first place. doug knows this very well that one of the big problems we...
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Nov 14, 2012
11/12
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john boehner shouldn't have a press conference. get john boehner at a small group of congressman together and say whatan we work out? all we're doing is playing politics, everybody will get locked into one position or another, let's see what we can work out and then announce it is something we have agreed upon. that is the way you do it, instead you'rsteadier quebec thy politics that di't produce what we needed to have. neil: what worries me is this hope is dashed. >> they should have put together bipartisan group, all they're doing is put on defensive by the self-interest groups they are meeting with. does not make much sense. neil: they made it very clear, nothing from us. and he owes them, right? >> they got him reelected. neil: time is urgent, timto say time is wasting. >> who didn't have to completely ignore the political thank you, but if you sttrt off and have couple of meetings with the leers of the democrats in the house and the republicans in the house and in the senate, and do it on a bipartisan basis. the only way it wi
john boehner shouldn't have a press conference. get john boehner at a small group of congressman together and say whatan we work out? all we're doing is playing politics, everybody will get locked into one position or another, let's see what we can work out and then announce it is something we have agreed upon. that is the way you do it, instead you'rsteadier quebec thy politics that di't produce what we needed to have. neil: what worries me is this hope is dashed. >> they should have put...
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Nov 16, 2012
11/12
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now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing 16. israel has also begun moving troops toward the border and called up 30,000 reservists, muscle flexing to raise the specter of a ground invasion. president obama called benjamin netanyahu to pledge his support and morsi to assert israel's right to condemn itself and president morsi did not agree. saying today and i quote... >> eliot: to discuss the growing violence in gaza, i'm joined by our good friend, recently re-elected congressman jerry nadler of new york. sir, always a pleasure to have you on the show. >> good to be here. >> eliot: this is an escalation and a moment of tension that's unparall
now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing...
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say republicans do not quite see things that way, speaker boehner refusing to consider a rate hike would put the would expect of an end of year deal to avoid a cliff locking more like a chasm. the public debt watcher is our guest. what do you think? >>guest: well, the president did double down on raising taxes today. he is taking the easy way out. he didn't talk about spending. he had a casual mention of cutting spending and addressing entitlements and those are the drivers of the debt. we have to be clear this starting offer is $1.6 trillion raising taxes we had $1.2 trillion deficit just last year. i don't think this is a one-sided problem. >>neil: something happened between the negotiating situation and removing the other argument, the spending argument and $1.6 trillion insisting it be a rate cut orate hike, he has removed doubt where the negotiations should go. is he interpreting or overinterpretting the election? he says the american people support that view. what do you think? >> i don't think the american people support that. if his own campaign, axelrod came out and said the pre
say republicans do not quite see things that way, speaker boehner refusing to consider a rate hike would put the would expect of an end of year deal to avoid a cliff locking more like a chasm. the public debt watcher is our guest. what do you think? >>guest: well, the president did double down on raising taxes today. he is taking the easy way out. he didn't talk about spending. he had a casual mention of cutting spending and addressing entitlements and those are the drivers of the debt....
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Nov 13, 2012
11/12
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speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street journal" reporter says you could be look at 50 percent top rate. or more. here we go. >>reporter: that is true if the live in the state of california or someone like you would works, why know if you live in new york but you work in new york and the tax rates in new york city could go do 50 percent and california as high as 52 percent, we have not seen rates that high since the 1970's. >>neil: leave aside what will happen on health care people forget this is a lot more than just returning to the clinton top rate of 39.6 percent. it is about going well beyond that and the fact that democrats are feeling th
speaker boehner says revenues are on the table but we have news for him, when it comes to hiking the taxes, democrats do plan to run the table reportedly not keen on a republican plan to only close loopholes that curb deductions to raise revenue. and democratic leaders expect that and a rate increase, a move that could conceivably send the top rate closer to 45 percent tan the 40 percent they talking about now. when you throw in added surtaxes to pay for health care, the "wall street...
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Nov 12, 2012
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so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i think eventually they are going to get a deal, but i think it'll probably be a two-step process where they get some type of down payment on tax reform and then do something larger in the new year with the new congress being sworn in. so, but how do you do that, how do you have one-step process? i think you've got to have the parameters of what you're going to do next year now. boehner does not want a huge deal in the lame duck. he says that the new congress should be in session when you're going to do this, the newly-elected people. so it's goi
so john boehner is in a very difficult spot. we've seen some movement that republicans are willing to put some tax revenue on it, but as boehner said over the weekend, he's not going to raise tax rates. and obama is insisting on that. so i don't think you're going to get, see any type of deal this week when congress comes back. there'll be more leverage games, and we're going to probably go deep into december raising the question, are we going to get a deal? jenna: what do you think? >> i...
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apparently speaker boehner is and many in the republican leader are. are you? >>guest: okay let me give you an example of why --. >>neil: you are not answering me. >>guest: wait, wait, wait, illinois -- back when governor walker in wisconsin was making systematic changes to the state budget and making legitimate and difficult cuts his neighbors in illinois were not. all they did, they said --. >>neil: i know, i know, i know, i know. but would you look at closing the loopholes as a step? >>guest: closing the loopholes that hurt charity service that will hurt the poor? and the weak? and the hungry? >>neil: no, no, no, you are not budging on anything? >>guest: it is not that i will not budge. i want a serious conversation with the president. i will not compromise my child's future and i will not hurt the charities. >>neil: you answered my question. always good to have you. >>guest: are you afraid i am going to leap through and grab you? >>neil: i was. and new york residents are now taking to the streets. >> more jobs. >> we pay the highest rates in the country out
apparently speaker boehner is and many in the republican leader are. are you? >>guest: okay let me give you an example of why --. >>neil: you are not answering me. >>guest: wait, wait, wait, illinois -- back when governor walker in wisconsin was making systematic changes to the state budget and making legitimate and difficult cuts his neighbors in illinois were not. all they did, they said --. >>neil: i know, i know, i know, i know. but would you look at closing the...
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Nov 18, 2012
11/12
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before hand, speaker boehner had a hard time getting some of his more conservative members to buy in to certain concrete hiatt -- compromises. going forward, we will have to see if the tea party conservatives will seem to have the same support. the president now has the upper hand and when he talks to speaker boehner he will have to take that message back and he gets a little bit more behind him. >> week and a shop with a meeting between the leaders and the white house. what is the dynamic? >> it will be very interesting to see. hopefully we will hear from them exactly what their conversation was with the president. it is unlikely that we're going to see a detailed agreement on specific issues. are we going to hear about tax breaks or how entitlement reform is going to happen in the deal? on not sure. these figures are going to be out there. they're all going to be scrambling to set the tone in the way that they want to set it. of they will have discussions like the democratic leaders also say let these are the areas where we made clear to republican leaders where we are not going to
before hand, speaker boehner had a hard time getting some of his more conservative members to buy in to certain concrete hiatt -- compromises. going forward, we will have to see if the tea party conservatives will seem to have the same support. the president now has the upper hand and when he talks to speaker boehner he will have to take that message back and he gets a little bit more behind him. >> week and a shop with a meeting between the leaders and the white house. what is the...
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late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and try to avoid boxing himself in on upcoming negotiation. >> i'm open to come plo mize and new ideas. i have been encouraged for republicans to agree to more revenue as part of the arithmetic if we are serious to reduce deficit. >> the top republican in senate who is a key player in upcoming talks says raising taxes on the upper income americans does not add up. >> you can't raise taxes enough. the argument on whether or not we should raise tax rates on people above $250,000 would have produ
late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he...
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veteran john boehner has a big task ahead of him. can the house speaker pull the gop together and try to make a deal with the president on the fiscal cliff as jay leno was talking about. should he? should a deal be made? a fair and balanced debate is coming up. lots of talk how the united states will eventually be world's top oil producer. that is what some say. there are questions why it is taking so long. those stories and breaking news all "happening now." jenna: well, it is a little unbelievable, but there is lot of twists and turns in this scandal we've been following so closely surrounding former cia chief and now others. hi, everybody. glad to have you with us. i'm jenna lee. rick: happy tuesday. i'm rick folbaum in for jon. controversy over the timeline of events over the petraeus investigation with members of congress wanting to know why the fbi didn't notify them and the white house until just recently when it began months ago. that investigation far from over. fbi searching the home of petraeus's alleged mistress, paula br
veteran john boehner has a big task ahead of him. can the house speaker pull the gop together and try to make a deal with the president on the fiscal cliff as jay leno was talking about. should he? should a deal be made? a fair and balanced debate is coming up. lots of talk how the united states will eventually be world's top oil producer. that is what some say. there are questions why it is taking so long. those stories and breaking news all "happening now." jenna: well, it is a...
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Nov 14, 2012
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harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest americans. are we headed just for the same old same old once again? >> i don't think so. first of all we are very pleased about nancy pelosi remaining as leader. she's done an extraordinary job in helping to increase our numbers here on the democratic side, in raising the money that was necessary for us to strengthen our hand here in the house and so she has done such a good job that we urged her to please stay on and that experience really does count. let me just say this, there is some posturing going on and i do think that this posturing
harry reid and john boehner staying put. the president back in, what people would expect musical chairs. none will happen. it's the same people in the same positions and yesterday senate majority leader mitch mcconnell took to the floor and said they won't compromise. we had that interview with paul ryan with abc's jonathan karl saying it's not a mandate. they have a divided government so they'll continue with back and forth of head butting and the taxes should not be raised on wealthiest...
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Nov 15, 2012
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boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fiscal cliff are in republican hands. >> liberal democrats demand 1 to 1 ratio of higher tax re-knew to spending cuts, some conservatives are demanding the only increase revenue come from the expanded economic growth. there is little prospect of that enough to avoid the cliff. meanwhile, senator coburn is calling for democrats cut and democrats to find savings in medicare and medicaid. the oklahoma republican admits it's normal for each party to protect the sacred cows. >> i think that is normal. beare not in normal times. >> senator coburn says the pentagon needs to stop being what he calls department of everything. he says the savings wouldn't be huge. $6 billion a year but there was a time when it was
boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fiscal cliff are in republican hands. >> liberal democrats demand 1 to 1 ratio of...
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boehner had agreed to $800 billion. it's not hard to find $1.2 trillion as a kind of middle ground to that. then you want to have $4 trillion of total deficit reduction, so that leaves $2.8 trillion of spending reductions that have to happen. here's what people miss. we can avoid going over the cliff with the stroke of a pen. they can just extend all this stuff and kick the can down the road. the real question is are we going to have a big deal? are we going to agree on the major spending restraints that we need as well as the tax stuff in order to actually get the deficit under control? and i think the betting on that is less than 50%. i think we have a great shot at it. but it's going to be really, really hard. >> is that the view from wall street, too? they're not totally confident that this is going to happen? >> what you see in the stock market at the moment is that wall street is not totally confident. that's for sure. >> all right. steve, thanks so much. >> pleasure. >>> coming up, independent senator-elect of ma
boehner had agreed to $800 billion. it's not hard to find $1.2 trillion as a kind of middle ground to that. then you want to have $4 trillion of total deficit reduction, so that leaves $2.8 trillion of spending reductions that have to happen. here's what people miss. we can avoid going over the cliff with the stroke of a pen. they can just extend all this stuff and kick the can down the road. the real question is are we going to have a big deal? are we going to agree on the major spending...
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but speak john boehner told house republicans that after last week's election a mandate from the american people is to work together, even if it means additional revenues through tax reform. meanwhile bill crystal editor of "the weekly standard" seemed to cave in on the president's demand that wealthy people pay more. >> it won't kill the country if we raise taxes a little bit on millionaires. it won't. really the republican will fall on the sword to defend millionaires half who voted democratic and half who live in hollywood. >> administration officials are already suggesting to congress that mr. obama is willing to let the deadline pass, let tax rates go up and spending be cut. if he can't get the deal he wants. >> bill plante in washington. thank you. later this morning we'll ask conservative activity jaft grover norquist if republicans are backing away from his no tax increase pledge. >> two weeks ago sandy battered the northeast. hundreds of homes and businesses have no power. most on long island. the governor of new york is calling for an investigation as mark strassman reports from
but speak john boehner told house republicans that after last week's election a mandate from the american people is to work together, even if it means additional revenues through tax reform. meanwhile bill crystal editor of "the weekly standard" seemed to cave in on the president's demand that wealthy people pay more. >> it won't kill the country if we raise taxes a little bit on millionaires. it won't. really the republican will fall on the sword to defend millionaires half who...
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Nov 13, 2012
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boehner's tone was good. but as i said, when you look inside and say, well, we can rely on dynamic scoring or lowering rates significantly and closing loopholes, when you begin to dissect that, it has some problems. but i am hopeful that with the business community's help and with the president's leadership, we can bring republicans around. because i think in his heart speaker boehner wants to get something done. >> alan? >> you talked about -- [inaudible] do you have a strategy on -- [inaudible] are you trying to do that -- [inaudible] >> let me say on the general thrust of your question, i think most of our colleagues on both sides of the aisle would say the senate needs to be fixed, that there are some real things wrong with it in the way it functions. there are going to be a lot of discussions over the next few weeks about that, but i'm not going to comment on any specifics until we have those discussions with our colleagues. and it needs to be done not just for one particular issue, but in general to get
boehner's tone was good. but as i said, when you look inside and say, well, we can rely on dynamic scoring or lowering rates significantly and closing loopholes, when you begin to dissect that, it has some problems. but i am hopeful that with the business community's help and with the president's leadership, we can bring republicans around. because i think in his heart speaker boehner wants to get something done. >> alan? >> you talked about -- [inaudible] do you have a strategy on...
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we'll have more on that with house speaker john boehner live at 5:00 p.m. eastern here on c-span. meanwhile, president obama held a news conference this afternoon where he responded to republican senators' opposition to u.n. ambassador susan rice and talked about the resignation of c.i.a. david depe trayus. s the president's first news conference since being elected to a second term. >> good afternoon, everybody. please have a seat. i hear you have some questions for me. but let me just make a few remarks at the top and then i'll open it up. first of all, i want to reiterate what i said on friday. right now, our economy is still recovering from a very deep and damaging crisis. so our top priority has to be jobs and growth. we've got to build on the progress that we've made. because this nation succeeds when we've got a growing, thriving middle class. and that's the idea at the core of the plan that i talked about on the campaign trail over the last year resm warding manufacturers and small businesses that create jobs here, not overseas, providing more americans the chance to earn
we'll have more on that with house speaker john boehner live at 5:00 p.m. eastern here on c-span. meanwhile, president obama held a news conference this afternoon where he responded to republican senators' opposition to u.n. ambassador susan rice and talked about the resignation of c.i.a. david depe trayus. s the president's first news conference since being elected to a second term. >> good afternoon, everybody. please have a seat. i hear you have some questions for me. but let me just...
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Nov 16, 2012
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so you've got, as speaker boehner talked about, penalties that would go into place if it is not done. so the construct in place. a short term agreement to get it fully done, not kicking the can down the road. melissa: that can gets kicked all the time. senator, thanks for joining us we appreciate it. >> thanks, melissa. melissa: not just d.c. that is coping with uncertainty surrounding the fiscal cliff. stocks suffered a brutal week despite the modest gains we saw today. jonathan hoenig is portfolio manager at capitalist pig.com. he said there is a lot more ready to come unless we get the fiscal house in order unless we do that fast. >> catching up on your book. congratulations terrific new book. enjoying quite a book. melissa: you are a genius. you are a fantastic. my favorite guest of all time. what is that book you're reading there? i don't know if i saw the cover. oh. >> outstanding. you will learn a lot. unfortunately not what the market wants to know which is about the fiscal cliff and future of our economy. melissa: yeah. >> i'm enjoying your new memoir. melissa: fantastic. i l
so you've got, as speaker boehner talked about, penalties that would go into place if it is not done. so the construct in place. a short term agreement to get it fully done, not kicking the can down the road. melissa: that can gets kicked all the time. senator, thanks for joining us we appreciate it. >> thanks, melissa. melissa: not just d.c. that is coping with uncertainty surrounding the fiscal cliff. stocks suffered a brutal week despite the modest gains we saw today. jonathan hoenig...
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Nov 15, 2012
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and boehner, speaker john boehner, spoke today and said, wait, just cool your jets. we've got a lot of negotiating to do. they're not going to let that happen. but the stock market may be telling us that the house in checkmate will wind up with a recession from the fiscal cliff. in other words, no deal making means bad recession. is that a scenario -- is that what the market's telling us? >> i think you're dead on. if you look at what's happened, real incomes have fallen much more during the recovery than they did during the preceding recession. 4.8% down versus 2.7% down. unemployment is higher now than when the president first took office. what's made people feel good is a rising stock market. they felt wealthier. now with all these big tax increases coming on on capital gains and dividends, people don't feel that anymore. the significance of this poll, larry, is it's the first poll taken after the election. and the rhetoric has been very strong, also from harry reid. remember, when it looked like romney might win, he said there's going to be in reaching across the
and boehner, speaker john boehner, spoke today and said, wait, just cool your jets. we've got a lot of negotiating to do. they're not going to let that happen. but the stock market may be telling us that the house in checkmate will wind up with a recession from the fiscal cliff. in other words, no deal making means bad recession. is that a scenario -- is that what the market's telling us? >> i think you're dead on. if you look at what's happened, real incomes have fallen much more during...
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Nov 12, 2012
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second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to me, this is like they've got the gun to their head. are you going to pass the tax cut fo
second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you...
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if you listen closely to what boehner said, he also left the door open a libble. can we get this done in the lame-duck session? no. can they do a little bit and kick the can down the field until next year where they can get the broader tax reform and spending controls in a way that gives confidence to these c.e.o.'s in this room? yeah, they can do that. so the question is, will they do that? >> will they do that? if you can give one -- senator sasser, if you can get the president on the phone for two minutes and give him one piece of advice what he has to do to get this deal done, what would it be? >> boy, i don't know. that's a tough question. i think i would tell him that he needs to spend more time with leadership on both sides of the congress. and he needs to open up the white house and invite more of the members of both houses in. a little more smoozing, if you will, a little more getting to know each other. that's not his nature. he's really a little introverted, to be quite frank about it. but he needs to reach out and become a more of a political animal an
if you listen closely to what boehner said, he also left the door open a libble. can we get this done in the lame-duck session? no. can they do a little bit and kick the can down the field until next year where they can get the broader tax reform and spending controls in a way that gives confidence to these c.e.o.'s in this room? yeah, they can do that. so the question is, will they do that? >> will they do that? if you can give one -- senator sasser, if you can get the president on the...
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a picture of president obama and john boehner. the upbeat tone was a dramatic shift from recent years when the president and a gop fortified by anti-government activists clashed repeatedly over spending and taxes. if he were to go to yesterday's new york times, they have a listening are at least pictures of the key leaders that will be involved in this process. to show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts for the wealthy. here is john boehner who has said raising tax rates is unacceptable and a new revenue should be generated by economic growth spurred by a simpler tax code and that closes loopholes and and deductions. there are some other leaders involved in this project. what do you think they will be able to do to keep the fiscal cliff from happening by the end of the year? that meeting taking place at the white house. here is some video from it. if you are looking at that again and you want to wait and on this topic, you can call in. your c
a picture of president obama and john boehner. the upbeat tone was a dramatic shift from recent years when the president and a gop fortified by anti-government activists clashed repeatedly over spending and taxes. if he were to go to yesterday's new york times, they have a listening are at least pictures of the key leaders that will be involved in this process. to show you where they stand specifically on some issues, here is the president saying he will reject any bill that extends tax cuts...
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Nov 12, 2012
11/12
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KPIX
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but speaker john boehner told house republicans that after last week's election the mandate from the american people is to work together even if it means additional revenues through tax reform. meanwhile bill kristol, editor of "the weekly standard," seemed to cave in on the president's demand that wealthy people pay more. >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. really? t >> reporter: the president begins making his case this week. what's different this time is that administration officials are already suggesting to congress that mr. obama is willing to let the deadline pass, let tax rates go up, and spending be cut if he can't get the deal he wants. norah, charlie? >> wow. bill plante in washington, thank you. >>> later this morning we'll ask conservative activist grover norquist if republicans are backing away from his no tax increase pledge. >>> two weeks ago today superstorm sandy battered the northeast. more than 100,000 homes and businesses still have no power. most of them are on new york's lon
but speaker john boehner told house republicans that after last week's election the mandate from the american people is to work together even if it means additional revenues through tax reform. meanwhile bill kristol, editor of "the weekly standard," seemed to cave in on the president's demand that wealthy people pay more. >> you know what? it won't kill the country if we raise taxes a little bit on millionaires. it really won't, i don't think. really? t >> reporter: the...
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Nov 19, 2012
11/12
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CSPAN
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we heard a good turn from speaker boehner. we have not seen a particular plan with respect to the other issues -- the approach we believe we should take to health care and medicare is to contain cost in the overall health care system. the per-capita increase in cost in the private health care system is running higher than in the medicare system transferring costs onto individuals and not a stress the fundamental problem. move away from a fee for service system in medicare. that is the better way to go. >> the run ideas past few that have been floating around the hill raising that trigger in terms of higher taxes for those earning a million dollars a year or $500,000 per year. how will that play? how will that play in the democratic caucus? >> people will consider various options. make sure we boost job growth and make sure we put us on a path to long-term sustainable deficit reduction. the issue is what is the revenue to cut? look at the simpson-bowles plan. look at the overall framework. look at the revenue component of how t
we heard a good turn from speaker boehner. we have not seen a particular plan with respect to the other issues -- the approach we believe we should take to health care and medicare is to contain cost in the overall health care system. the per-capita increase in cost in the private health care system is running higher than in the medicare system transferring costs onto individuals and not a stress the fundamental problem. move away from a fee for service system in medicare. that is the better...
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Nov 20, 2012
11/12
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MSNBCW
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how much will the two sides be able to give and i think though you see in john boehner and in president obama two people who are willing to work together if they can get the wings, the fringe wings of either side to kind of get onboard and come together. >> you know, one thing i would note just as it relates -- first of all, susan rice hasn't been nominated for secretary of state. that said, if she is, the house has absolutely no role. it would be like me and you either supporting or opposing. >> 100 house republicans can oppose her but they don't have a vote. john mccain lost to president obama. he's more of an armed services guy than he is a foreign policy diplomacy guy. he called for bill clinton to go in but then was critical of hillary clinton going in. you know, i think a lot of people will say his politics are more personal than pragmatic. >> yet she is the top diplomat in the country. >> right. >> i want to talk because i can't resist 2016. i can't help myself. it's an addiction. >> why? >> you sound like my wife. chris christie hugely focused in the run up to the election after
how much will the two sides be able to give and i think though you see in john boehner and in president obama two people who are willing to work together if they can get the wings, the fringe wings of either side to kind of get onboard and come together. >> you know, one thing i would note just as it relates -- first of all, susan rice hasn't been nominated for secretary of state. that said, if she is, the house has absolutely no role. it would be like me and you either supporting or...
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Nov 16, 2012
11/12
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WUSA
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urged house speaker john boehner to compromise with president obama and avoid direct budget cuts. >> jobs, no cuts. >> reporter: more than 100 protesters. >> 47%. this is the vietnam veteran. >> reporter: organized by the group rdc. crowded the hallways outside the house speaker's office. >> i have three children. >> reporter: april thomas was homeless up until two years ago when federal help finally put her young family in an apartment in southeast. >> now i'm told that it will be a possibility that i might end up back where i came from. >> reporter: the speaker staff locked the doors. but a spokesperson says that they proposed a responsible and balanced framework to avert the fiscal cliff. bruce leshan, 9news now. >>> it was the worst oil spill in our nation's history and today bp says they will pay $4.5 billion for that deadly oil rig explosion in the subsequent massive oil leak. that money will also include more than $1 billion in criminal penalties. bp plead guilty to 12 felony charges relating to the death of those 11 workers and lying to congress about the amount of oil that w
urged house speaker john boehner to compromise with president obama and avoid direct budget cuts. >> jobs, no cuts. >> reporter: more than 100 protesters. >> 47%. this is the vietnam veteran. >> reporter: organized by the group rdc. crowded the hallways outside the house speaker's office. >> i have three children. >> reporter: april thomas was homeless up until two years ago when federal help finally put her young family in an apartment in southeast. >>...
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Nov 13, 2012
11/12
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FOXNEWS
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martha: major challenges ahead for congress over the next seven weeks, what house speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on gas! no hoops to jump through. i earn more cash back on the things i buy most. [ woman in pet store ] it's as easy as... [ all ] one! -two. -[ all ] three! [ male announcer ] the bankamericard cash rewards credit card. apply online or at a bank of america near you. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like
martha: major challenges ahead for congress over the next seven weeks, what house speaker john boehner faces as he tries to unify a deeply divided republican party, and all over congress they are deeply divided. he's trying to find compromise with the president before the country's finances go over the fiscal cliff. my credit card rewards are easy to remember. with the bankamericard cash wards credit card, i earn 1% cash back everywhere, every time. [ both ] 2% back on groceries. [ all ] 3% on...
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Nov 12, 2012
11/12
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FOXNEWSW
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john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon: this event that the president had last friday at the white house to a lot of people looked a lot like a campaign event. they was surrounded by people who were described as middle class americans who had voted for him and stakeholders who want to see his particular plans forwarded. there were no questions from the press. it looked a lot like a campaign event. brad, this is part of what the president had so say. he said on tuesday voters said loud and clear on tuesday they won't tolerate politicians who use compromise as a dirty word. cooperation, consensus. is the presid
john boehner has already talked about working with the president on this. let me say this, the vitriol of the last two years or maybe the last four years on both sides to have fence, democrats and republicans, need, that needs to stop. we need to move forward together as a united america and put the vitriol away, put the campaign mode away. i think all americans want that. i know some republicans want that and some democrats want that. let's find that common ground and move forward. shannon:...
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Nov 14, 2012
11/12
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CSPAN
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speaker boehner and harry reid. but it needs to translate into when they get behind closed doors that people are looking for common ground rather than a leg up in the next election. host: which of the g.o.p. leadership due to get tea party members onboard when it comes to negotiating and bargaining. you have worked for many years with house speaker john boehner, both from ohio. what advice did you give him? >> that he has to, without abandoning principle, when people seem to lose sight in this tax discussion, if you look at a $5 trillion package over 10 years, 1.5 frill to $2 trillion in new revenues needs to be a part of that. i think most republicans, i know the speaker accepts that. it's how you get there. so from our perspective if you broaden the base of taxpayers and actually get rid of all the underbrush, you could raise that money, the modeling shows it. on the democratic side they want to sock it to the top 2% of wage earners. people in country are rich. they didn't get rich by being stupid. you really run
speaker boehner and harry reid. but it needs to translate into when they get behind closed doors that people are looking for common ground rather than a leg up in the next election. host: which of the g.o.p. leadership due to get tea party members onboard when it comes to negotiating and bargaining. you have worked for many years with house speaker john boehner, both from ohio. what advice did you give him? >> that he has to, without abandoning principle, when people seem to lose sight in...
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Nov 16, 2012
11/12
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MSNBCW
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john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want to avoid that at all costs. the big issue i think for most people would be taxes. most people -- and governor rendell said, well, it's not just a matter of tax increases on the wealthiest americans but it's a host of spending challenges that we face across the board that would impact millions of people and certainly impact us in a huge way. i think republicans have to bend. republicans are going to be looking at of course cuts in spending and cuts in entitlements as well as the possibility of new revenue and i think they're very open to this. i think some republicans will push
john boehner, mitch mcconnell saying they want the bush tax cuts for everyone. joe, will they have to bend on that? isn't that really the issue? will they bend on the republican side? >> the republicans are going to have to bend. we have to get this done. we've only got 46 days before the -- before we would fall off this fiscal cliff and to fall off the cliff would mean 3.9% hit for gdp next year. we can't afford that because that would potentially throw us into another recession. we want...
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Nov 12, 2012
11/12
by
CNN
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boehner says he's open to that but not by raising the so-called tax rate. he's opened to that by eliminating tax loopholes and exemptions and generating tax revenue by an improved economy if the gdp goes up. people will be making more money, presumably, that's the theory. there's some maneuverability. i suspect the pressure is so great that they will get some kind of a deal. it may not be a permanent deal but maybe enough to kick the ball down the road and study major tax reform over the next year. >> and so the congressional budget office came out with a report last week that seems to give the republicans some political cover here because it suggests that there will be no big harm to the economy if the wealthy 1% are taxed at a higher rate. that said, i would assume -- and you'll have to weigh in here tha, that loopholes are still highly in play. >> you have to add up what all of the math shows and if you -- forget about the middle class. for wealthy people you say you can no longer deduct your home mortgage, your charitable contributions, some of your --
boehner says he's open to that but not by raising the so-called tax rate. he's opened to that by eliminating tax loopholes and exemptions and generating tax revenue by an improved economy if the gdp goes up. people will be making more money, presumably, that's the theory. there's some maneuverability. i suspect the pressure is so great that they will get some kind of a deal. it may not be a permanent deal but maybe enough to kick the ball down the road and study major tax reform over the next...
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Nov 12, 2012
11/12
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i do not know where john boehner gets that. gets that.
i do not know where john boehner gets that. gets that.
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Nov 14, 2012
11/12
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CNBC
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the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a commitment to discuss entitlement reform. >> what you did hear from the president is a statement that the american people knew what they were get what they re-elected me. he also said there is a big contrast between me and mitt romney on the campaign trail and i'm the guy who won the election. >> as one of our smart viewers tweeted in which i thought was so smart -- it's all fun and games until you have to name specific entitlements you want to cut. right? we need more specifics from both sides. all right, going to a break here but after the break, steve leisman, stick around. we also have something today called
the president didn't offer any specific thing along the lines what have we heard from john boehner last week, okay, we're there on reven on the table, we'll meet you there. i didn't hear any specific -- >> don't we already have a structure? wasn't that erskine-bowles? it is another committee. >> it is a step back i think from the idea of a deal right now that would trade entitlement reform for tax increases. it sounds to me like it's tax increases for the wealthy in return for a...
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Nov 15, 2012
11/12
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CURRENT
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i think a lot of conservative policies wonks hope this is the sort of thing that speaker boehner will glom on to, and that obama will say look, it's not my preferred way to get 1 trillion from wealthy americans but it does get me there. it doesn't have a huge impact on the middle class and can avoid a big fight and gives up on the rate increases. i don't think obama is going to give up on the rate increases that easily because they have been so central to his--both of his political campaigns as president even though you know at the end of the day he would end up at the same revenue baseline that he's looking for. it would appear to his base he's supporters like a pretty big cave. >> eliot: i think you're right. after the strength of his commentary and since the election where increasing rates has become the mantra, the line in the sand that people expect him to toe and stay very strict on. anything that backs off from that would require extensive preparation and conversation with his base. i'm not sure he's preparing the base for that right now. added to what we're talking about right
i think a lot of conservative policies wonks hope this is the sort of thing that speaker boehner will glom on to, and that obama will say look, it's not my preferred way to get 1 trillion from wealthy americans but it does get me there. it doesn't have a huge impact on the middle class and can avoid a big fight and gives up on the rate increases. i don't think obama is going to give up on the rate increases that easily because they have been so central to his--both of his political campaigns as...
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Nov 12, 2012
11/12
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FBC
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john boehner needs to stand his ground. he needs to say we can bring in more revenue, reform the tax code but won't raise taxes on anyone at this time. if the republican party doesn't stand for something, then they may as well call themselves another set of democrats. charles: the republican party was deemed the party of no for the last couple of years, and i think it hurt them at the polls. do they have to compromise somewhere? >> they will likely have to compromise but where they shouldn't compromise is raising taxes. that's going to affect economic output. even cbo talks about another drop in economic output. our gdp growth -- charles: if they don't raise taxes, how do they do it? what does boehner mean by revenue? >> you have to cut out subsidies. along with that tax reform is necessary so companies can make more money, small businesses. if you make it so they can be better companies, bigger companies, hire more people, even a a part timer, you can't to increase economic output. >> articulate why that's not the solution
john boehner needs to stand his ground. he needs to say we can bring in more revenue, reform the tax code but won't raise taxes on anyone at this time. if the republican party doesn't stand for something, then they may as well call themselves another set of democrats. charles: the republican party was deemed the party of no for the last couple of years, and i think it hurt them at the polls. do they have to compromise somewhere? >> they will likely have to compromise but where they...